GGRW vs IBBQ
Gabelli Growth Innovators ETF vs Invesco Nasdaq Biotechnology ETF
Which is better, GGRW or IBBQ?
IBBQ has been ahead.
GGRW has a lower expense ratio. IBBQ led over 1Y, 3Y, 5Y and the full window. IBBQ is less concentrated, with 47.8% of the fund in its ten largest positions against 50.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GGRW | IBBQ |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.19% |
| AUM | $7M | $118M |
| Dividend Yield | 0.42% | 1.08% |
| Holdings | 85 | 512 |
| YTD Return | +2.51% | +30.41%Best |
| 1Y Return | +1.26% | +34.94%Best |
| 3Y Return (annualized) | +22.56% | +26.77%Best |
| 5Y Return (annualized) | +5.16% | +9.62%Best |
| Volatility (annualized) | 21.4% | 17.1%Best |
| Max Drawdown | -50.3% | -37.9%Best |
| $10,000 over 5 years | $12,860 | $15,829Best |
| Top 10 Weight | 50.0% | 47.8%Best |
| Fund Family | Gabelli Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 16, 2021 | Jun 11, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 11, 2021 to Nov 11, 2026 (5.4 years).
GGRW vs IBBQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.4 years both funds cover.
GGRW vs IBBQ Performance
Gabelli Growth Innovators ETF (GGRW) is an ETF from Gabelli Funds and Invesco Nasdaq Biotechnology ETF (IBBQ) is an ETF from Invesco (US). Over the past year GGRW returned +1.26% while IBBQ returned +34.94%. Year to date, GGRW is up 2.51% versus a gain of 30.41% for IBBQ.
Over three years, GGRW compounded at +22.56% per year against +26.77% for IBBQ; over five years the annualized figures are +5.16% and +9.62% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGRW has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 17.1% for IBBQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.3% for GGRW and -37.9% for IBBQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GGRW charges 0.00% per year while IBBQ charges 0.19%. On a $10,000 position that is $0 vs $19 annually, a gap of $19 per year that compounds over a long holding period. On income, GGRW currently yields 0.42% against 1.08% for IBBQ.
Holdings Overlap
We hold position weights for 40 holdings in GGRW and 247 in IBBQ, totalling 97.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 40 positions we hold weights for in GGRW and 247 in IBBQ, against full books of 85 and 512.
What only one of them owns
Our book lists 216 positions for IBBQ that do not appear in our book for GGRW (90.1% of the fund), and 39 for GGRW that do not appear in IBBQ (95.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of GGRW and IBBQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GGRW or IBBQ?
GGRW has an expense ratio of 0.00% while IBBQ charges 0.19%. GGRW is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, GGRW or IBBQ?
Over the past year GGRW returned +1.26% vs +34.94% for IBBQ, so IBBQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGRW or IBBQ?
GGRW has been the more volatile fund at 21.4% annualized versus 17.1% for IBBQ. Worst drawdown: GGRW -50.3% vs IBBQ -37.9%.
Should I hold both GGRW and IBBQ?
GGRW and IBBQ have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GGRW or IBBQ?
GGRW yields 0.42% while IBBQ yields 1.08%, so IBBQ currently pays the higher dividend yield.
Is IBBQ better than GGRW?
GGRW has a lower expense ratio. IBBQ led over 1Y, 3Y, 5Y and the full window. IBBQ is less concentrated, with 47.8% of the fund in its ten largest positions against 50.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.